Apple (AAPL), Google (GOOG) and Baidu (BIDU) — three of the NASDAQ FOUR HORSEMAN – have been coming up gimpy since their FusionIQ timing sell signals (triggered at much higher levels several weeks ago).
These stocks have fallen precipitously since those Sells.
Only Research in Motion (RIMM) — which gapped open strongly yesterday — acts well. The other three horsemen stocks have clearly broken their uptrends, and are in the process of being repriced. We point this out because trading highly volatile names like these can be dangerous especially if one doesn’t have a Sell Discipline.
Unbiased, indicator-driven trading signals can help make you a better investor. Whether its based on technicals, fundamentals, valuation or quantitative research, having a non-emotional layer to your investing/trading plan is always helpful.
I am biased towards our signals (FusionIQ), but any objective timing method that would have gotten you out of the way in these 3 names weeks ago is a good thing — you would have avoided a lot of pain.
Four Horseman of Nasdaq
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.